Publix declares annual dividend
LAKELAND, Fla. — Publix’s board of directors has approved an annual cash dividend of common stock, which will be payable and mailed June 1.
The 2011 dividend is 53 cents per share and will be paid to stockholders of record as of the close of business on Apr. 29.
Publix, based in Lakeland, Fla., operates more than 1,000 stores and had 2010 sales of $25.1 billion.
Giant to open Feasterville, Pa., store
FEASTERVILLE, Pa. — Giant Food Stores plans to open a new store near Philadelphia on March 16, the Carlisle, Pa.-based Royal Ahold banner said.
Giant-Carlisle acquired the 53,000-sq.-ft. former Genuardi’s store from Safeway in Feasterville, Pa., in November 2010 and said the renovated store will look more like a modern Giant prototype.
The store will include Nature’s Promise Marketplace, a section that will stock more than 2,500 natural and organic grocery, frozen, dairy and special diet products, part of the chain’s focus on health and wellness. The store also will use Giant-Carlisle’s Healthy Ideas product labeling system, which uses blue and green shelf tags to identify healthy foods, and EasyScan self-scanning machines.